US State Dept OKs potential $4.9 billion sale of aircraft to S. Korea, Pentagon says

FILE PHOTO: The South Korean and American flags fly next to each other at Yongin, South Korea, August 23, 2016. Picture taken on August 23, 2016. Courtesy Ken Scar/U.S. Army/Handout via REUTERS/File Photo

WASHINGTON (Reuters) - The U.S. State Department has approved the possible sale of Airborne Early Warning and Control Aircraft to South Korea for an estimated $4.92 billion, the Pentagon said on Monday.

The principal contractor will be Boeing Co, the Pentagon said.

(Reporting by Jasper Ward and Eric Beech, editing by David Ljunggren)